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Old 01-21-2006, 06:44 AM  
mb
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Join Date: May 2001
Location: San Diego
Posts: 1,550
Housing Bubble? Only 11% of people in LA can afford a median-priced home.

Check out this chart:
http://photos1.blogger.com/blogger/5...600/CARHAI.jpg

I'm glad to see the tide turning in CA. It's definately becoming a buyer's market. What are you guys seeing in your neighborhoods? More for-sale signs, more price reduction signs?

Only 8% can afford in San Diego... that's where I'm planning to move to late this year... burst, baby, burst!

This is my favorite blog for housing bubble info in case you are also interested in this craziness:
http://thehousingbubble2.blogspot.com/

marc
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